100%

funded

Total loan: $5,100

Urkupina Group

Santa Cruz de la Sierra, Santa Cruz, Bolivia / Food

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A loan helped to buy an industrial oven for 6 pans to bake greater quantities of traditional doughs.


Urkupina Group's story

Maria is a 22-year-old woman, single, without children, and her business is traditional bread making.

She is enterprising, independent, and very happy. She carries out her business in the 'plan 3000' neighborhood, characterized by the multiculturalism of its residents.

Maria has dark complexion, long black hair, and short stature. Her native language is Guaraní and she speaks Spanish (the third from the right dressed in a fuchsia shirt). She shares her life with her family members who work. They live in their own home built of brick and cement with a metal roof and brick floor that has all basic services. The need to improve her income led her to come to the communal bank. The businesses of the members are: breakfast sales, food sales, ice cream making, refreshment sales, fruit sales, slipper sales, second hand clothing sales, and cleaning supply sales. Her business is traditional bread making. She is in charge of baking typical doughs such as; Cuñapé (a small ball made of flour and yucca with cheese), empanada de arroz (baked with rice and cheese), Bizcochos de trigo (small hard balls of flour and wheat), arepas (flour and corn pancakes mixed with cheese and fried), and others. "I need to invest in expanding my production in order to improve my sales and achieve my economic goals..." she says. The advantage of her business is that the sales are daily. The disadvantage is that she does not have the capital to buy an industrial oven for 6 pans. Her dream is to have her own large shop in order to provide convenience to her customers. She wants to buy an industrial oven for 6 pans in order to bake greater quantities of traditional doughs. This is the third loan sequence in the institution in 4 years that she comes developing this business.

For those reasons, Maria requests a loan to buy an industrial oven for 6 pans to bake greater quantities of traditional doughs.